Describe your target audience using demographics based on your secondary and primary research to date Explain how intemal and external organizational factors might influence the target demographic of your new product Is your product needed in the market Provide examples to support your position Explain your pricing strategy and why it is appropriate in the market using findings from your secondary and primary research Explain your placement distribution strategy and why it is appropriate for this product and this audience segments Include speculations into how this target market might respond Explain your promotional strategr for the new product concept and why it is appropriate for this audience segments What are some potential ethical and legal implications of the marketing promotion you will be recommending Describe how your marketing mix elements align with industry trends identified in your research

Question: Describe your target audience using demographics based on your secondary and primary research to date. Explain how intemal and external organizational factors might influence the

Describe your target audience using demographics based on your secondary and primary research to date.

Explain how intemal and external organizational factors might influence the target demographic of your new product.
Is your product needed in the market? Provide examples to support your position.
Explain your pricing strategy and why it is appropriate in the market using findings from your secondary and primary research.
Explain your placement/distribution strategy and why it is appropriate for this product and this audience/segments. Include speculations into how this target market might respond.
Explain your promotional strategr for the new product concept and why it is appropriate for this audience/segments.
What are some potential ethical and legal implications of the marketing promotion you will be recommending?
Describe how your marketing mix elements align with industry trends identified in your research.

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1 Target Audience Description Based on our secondary and primary research our target audience for the new product is primarily urban millennials aged 2535 with a moderate to high disposable income The... View full answer

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